“It will be all shareholders voting together as a single class, a single shareholder vote.”

While the Trudeau government says they will not be long term owners of the pipeline, Kean says Kinder Morgan will help if it can.

“We will work with the government with efforts to find a 3rd party buyer but our arrangement with the Government of Canada provides that we will be paid the $4.5 billion even if a 3rd party buyer is not found.”

He says the organization that has been built at Trans-Mountain in building the pipeline are part of the deal with the Trudeau government.

The company had ceased all non-essential spending on the project until it receives assurances it can proceed without delays, setting a May 31 deadline on getting those guarantees.